Lakshmi Finance & Industrial Corporation's Stock Reaches All-Time High, Outperforms Sector

Sep 29 2024 09:20 AM IST
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LFIC's stock price reached an all-time high of Rs.270 on September 29, 2024, according to MarketsMojo. The company has consistently outperformed the sector, with a 8.22% increase in stock price today alone. LFIC is also trading higher than its moving averages and has shown an impressive 1 year performance compared to the Sensex.

Lakshmi Finance & Industrial Corporation (LFIC) has been making waves in the finance industry with its recent stock performance. On September 29, 2024, the company's stock price reached an all-time high of Rs.270, marking a significant milestone for the microcap company.

According to MarketsMOJO, a leading stock market analysis platform, the current stock call for LFIC is 'Hold'. This comes as no surprise as the company has been consistently outperforming the sector, with a 8.22% increase in stock price today alone.

In terms of moving averages, LFIC is trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day averages, indicating a strong upward trend in its stock price.

Compared to the Sensex, LFIC has shown an impressive 1 year performance of 84.78%, while the Sensex has only seen a 29.42% increase. This further solidifies LFIC's position as a top performer in the finance industry.

With its recent all-time high and strong stock performance, Lakshmi Finance & Industrial Corporation is definitely a company to watch out for in the microcap space. Investors and analysts alike are keeping a close eye on this company as it continues to make strides in the finance industry.
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